Neurocrine Biosciences (NBIX) legal chief vests RSUs, withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
On January 31, 2026, Neurocrine Biosciences Chief Legal Officer Darin Lippoldt had 2,373 restricted stock units (RSUs) convert into common stock at an exercise price of $0. Each RSU represents the right to receive one share of common stock.
To satisfy tax withholding on this RSU vesting, the company withheld 1,335 shares of common stock at a price of $136.06 per share. The company states that no shares were sold in the market. Following these transactions, Lippoldt directly owned 47,792 shares of Neurocrine Biosciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,373 shares exercised/converted
Mixed
3 txns
Insider
Lippoldt Darin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,373 | $0.00 | -- |
| Exercise | Common Stock | 2,373 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,335 | $136.06 | $182K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 49,127 shares (Direct)
Footnotes (1)
- Shares withheld by Neurocrine Biosciences, Inc. (the "Company" or "Issuer") to satisfy tax withholding requirements on vesting of restricted stock units ("RSUs"). No shares were sold. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. This RSU was granted to the Reporting Person on January 31, 2022. In accordance with the terms of the RSU, the award vested as to 2,373 shares on January 31, 2023, vested as to 2,373 shares on January 31, 2024, vested as to 2,373 shares on January 31, 2025, and vested as to 2,373 shares on January 31, 2026, subject to the terms and conditions of the award.
FAQ
What insider transaction did NBIX Chief Legal Officer Darin Lippoldt report?
Darin Lippoldt reported the vesting of 2,373 restricted stock units on January 31, 2026, which converted into an equal number of Neurocrine Biosciences common shares at a $0 exercise price, as part of his equity compensation award.
What are the terms of Darin Lippoldt’s RSU grant at Neurocrine Biosciences (NBIX)?
The RSU grant was made on January 31, 2022, and vested in four equal installments of 2,373 shares each on January 31 of 2023, 2024, 2025, and 2026, subject to the award’s terms and conditions described in the filing.